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The Nexus
BUSINESSAug 10 · 10:55 UTCBLOOMBERGWilliam Mathis and Alberto Brambilla

Italy Fines Utility €5 Million on 2022 Power Market Manipulation

Italy fined A2A SpA €5 million ($5.8 million) for market manipulation related to 2022's energy crisis. The fine resulted from findings that the company held back some gas plants from the market, which subsequently pushed power prices higher.

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ItalyplaceA2A SpAorganizationenergy regulatororganization€5 milliontopicgas plantstopicpower pricestopic
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Italy Fines Utility €5 Million on 2022 Power Market Manipulation · The Nexus